BD Maintech: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BD Maintech
Largest movements
- Tangible fixed assets +€42,327
up €42,327 (+443.5%), from €9,544 to €51,871
of which Leasing and similar rights: +€33,733
- Receivables within one year -€14,014
down €14,014 (-46.1%), from €30,404 to €16,390
of which Trade receivables: -€17,690
- Cash +€9,083
up €9,083 (+21.4%), from €42,544 to €51,627
mainly Debts after one year (+€15,811) and Depreciation (+€14,700)
- Debts after one year +€15,811
new in 2025: €15,811
- Reserves +€11,926
up €11,926 (+18.6%), from €64,074 to €76,000
- Current portion of long-term debt +€7,139
new in 2025: €7,139
- Other debts +€5,502
up €5,502 (+58.6%), from €9,392 to €14,894
- Tax, wage and social debts -€2,952
down €2,952 (-54.8%), from €5,388 to €2,437
- Depreciation +€10,816
up €10,816 (+278.5%), from €3,884 to €14,700
- Gross operating margin -€6,246
down €6,246 (-16.0%), from €38,984 to €32,739
- Taxes -€6,113
down €6,113 (-64.0%), from €9,551 to €3,438
- Financial charges +€1,358
up €1,358 (+189.3%), from €718 to €2,076
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,011 | €120,140 | +€37,130 | +44.7% |
| Fixed assets | 21/28 | €9,544 | €51,871 | +€42,327 | +443.5% |
| Tangible fixed assets | 22/27 | €9,544 | €51,871 | +€42,327 | +443.5% |
| Plant, machinery and equipment | 23 | €2,021 | €1,862 | -€159 | -7.9% |
| Furniture and vehicles | 24 | €7,523 | €16,276 | +€8,752 | +116.3% |
| Leasing and similar rights | 25 | - | €33,733 | +€33,733 | |
| Current assets | 29/58 | €73,467 | €68,269 | -€5,197 | -7.1% |
| Amounts receivable within one year | 40/41 | €30,404 | €16,390 | -€14,014 | -46.1% |
| Trade receivables | 40 | €26,955 | €9,265 | -€17,690 | -65.6% |
| Other amounts receivable | 41 | €3,449 | €7,125 | +€3,676 | +106.6% |
| Cash at bank and in hand | 54/58 | €42,544 | €51,627 | +€9,083 | +21.4% |
| Deferred charges and accrued income | 490/1 | €518 | €252 | -€267 | -51.5% |
| Total equity and liabilities | 10/49 | €83,011 | €120,140 | +€37,130 | +44.7% |
| Equity | 10/15 | €67,074 | €79,000 | +€11,926 | +17.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €64,074 | €76,000 | +€11,926 | +18.6% |
| Distributable reserves | 133 | €64,074 | €76,000 | +€11,926 | +18.6% |
| Amounts payable | 17/49 | €15,937 | €41,140 | +€25,204 | +158.1% |
| Amounts payable after more than one year | 17 | - | €15,811 | +€15,811 | |
| Financial debts | 170/4 | - | €15,811 | +€15,811 | |
| Amounts payable within one year | 42/48 | €15,937 | €25,330 | +€9,393 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,139 | +€7,139 | |
| Trade debts | 44 | €1,156 | €861 | -€295 | -25.5% |
| Suppliers | 440/4 | €1,156 | €861 | -€295 | -25.5% |
| Taxes, remuneration and social security | 45 | €5,388 | €2,437 | -€2,952 | -54.8% |
| Taxes | 450/3 | €5,388 | €2,437 | -€2,952 | -54.8% |
| Other amounts payable | 47/48 | €9,392 | €14,894 | +€5,502 | +58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,884 | €14,700 | +€10,816 | +278.5% |
| Other operating charges | 640/8 | €489 | €852 | +€363 | +74.3% |
| Gross operating margin | 9900 | €38,984 | €32,739 | -€6,246 | -16.0% |
| Operating profit (loss) | 9901 | €34,611 | €17,187 | -€17,425 | -50.3% |
| Financial income | 75/76B | €310 | €253 | -€57 | -18.3% |
| Recurring financial income | 75 | €310 | €253 | -€57 | -18.3% |
| Financial charges | 65/66B | €718 | €2,076 | +€1,358 | +189.3% |
| Recurring financial charges | 65 | €718 | €2,076 | +€1,358 | +189.3% |
| Profit (loss) for the period before taxes | 9903 | €34,204 | €15,364 | -€18,840 | -55.1% |
| Income taxes | 67/77 | €9,551 | €3,438 | -€6,113 | -64.0% |
| Profit (loss) for the period | 9904 | €24,653 | €11,926 | -€12,727 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,653 | €11,926 | -€12,727 | -51.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.